PROPGUIDE − A Complete Property Guide
#happyhome

#WeeklyNewsRoundUp: Centre To Invest Rs 266 Crore In Delhi Under AMRUT Scheme

Loading video...

Description

The Centre has approved investments of Rs 266 crore for improving water supply and sewerage networks in Delhi under the Atal Mission for Rejuvenation and Urban Transformation scheme. With this, the national capital will get a total of Rs 489 crore for improving urban infrastructure. As per AMRUT guidelines, the Centre will provide a total of Rs 804 crore to Delhi for the five-year period.

Nudged by the government, banks are likely to slash interest rates in the next few days to lift the spirits of borrowers following demonetisation. Sources said the reduction in lending rates could be accompanied by a steeper cut in deposit rates. The central bank has already given borrowers another 30 days over and above 60-day window for repayment of housing, car, farm and other loans worth up to Rs 1 crore.

Putting in place disclosure norms for real estate investment trusts (REITs), markets watchdog Sebi said the offer document would contain financial information, related party transactions and past performances. The move comes after Sebi earlier this month had issued detailed norms for public issuance of REITs, including allocation of units to institutional investors.

Navi Mumbai Municipal Corporation (NMMC) will now allow residential societies, which have space in their premises, to build stilt or underground parking, to contain the menace of road parking. NMMC is also planning pay-and- park facilities as most housing societies developed by City and Industrial Development Corporation of Maharashtra (CIDCO) are running short of parking space.

Tags: Delhi, Interest rate, Video, NMMC, propguide, Demonetisation, AMRUT scheme, Noida Authority News


Is NCR Losing Out To Mumbai, Bengaluru, Pune?

The National Capital Region, for very long, has been the largest residential real estate market in India. But, is NCR losing out to Mumbai, Bengaluru and Pune?

November 10 2015

+ Click Here To Read This Article

5 Creative Eco Resorts Around The World

If luxury housing are eco-friendly then what else could you want? It's like having your cake and eating it too!

May 04 2015

+ Click Here To Read This Article

#WeeklyRoundUp: Akrama Sakrama May Now Cover Properties Built After October 2013

Here are the week’s top news stories from the real estate sector.

December 17 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: Andhra Pradesh To Turn Six Towns Into Smart Cities [Video]

Here are today's top news stories from the real estate sector.

December 16 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: Govt To Use Ghazipur Landfill Waste To Construct Delhi-Meerut Highway [Video]

Here are today's top news stories from the real estate sector.

December 02 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: NGT For Environmental Audit Of Govt Buildings In Delhi

Here are today's top news stories from the real estate sector.

November 24 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: Proposal To Give NPS Subscribers Housing Loans At Affordable Rates

Here are today's top news stories from the real estate sector.

November 23 2016

+ Click Here To Read This Article

#WeeklyNewsRoundup: Demonetisation Boosts Property Tax Collection Across Country

Here are the week's top news stories from the real estate sector.

November 19 2016

+ Click Here To Read This Article

Here are today's top news stories from the real estate sector.

The Bloomberg Billionaires Index shows that the top 12 property developers in Hong Kong made more...

The Land Transformation Management System espoused by the Narendra Modi government is a significant...

One of the country’s largest contributors towards Gross Domestic Product (GDP) and employment...

The Akrama-Sakrama Scheme came into force in March 23, 2015. The owners now have an extended...

Union Urban Development Minister Venkaiah Naidu says India will soon have a more efficient parking...

Reports show authorities in Noida are mulling an exit policy for developers to surrender vacant...

Here is all you need to know about 'betterment fees'.

A building code is a set of norms that govern construction of buildings by stipulating minimum...

Proptiger has released it's quarterly review report on India's real estate sector. Ankur Dhawan,...

PropGuide simplifies complex real estate jargons for you.

Sunil Mishra, Chief Business Officer, PropTiger, talks on new online realty platforms for NRIs.

Subscribe Now

To stay tuned with real estate updates

Pick:

x +

Drop Your Query here


Top